Well 7219/8-2, drilled by the drilling rig West Hercules, has proved an approximately 200 metre gas column. Statoil estimates the volumes in Iskrystall to be between 6 and 25 million barrels of oil equivalents (o.e.).

Able UK has warmly welcomed Prime Minister David Cameron’s description of its plans for a multi-million Marine Energy Port on the South Bank of the Humber as a ‘very important investment’ and his promise to look at the issue of finalising a decision on the development.